Eaton Square - Secure residential estate in Diep River, Cape Town.
Modern living for new families and young professionals in a brand new offering.
Once marked as the halfway point between scenic Simon's Town and the City, Eaton Square is situated in sought-after Diep River, an area currently seeing rapid urban renewal and fast becoming a popular hub for new families and young professionals.
Flyt Property Investments’ new Eaton Square boutique apartment building in Diep River offers an attractive lifestyle at an even more attractive price – whether you choose a conventional apartment or opt for an innovative, fully-furnished Co-Living solution.
Conveniently located and close to public transport and schools, Eaton Square is about community. It includes 66 modern, sectional title apartments with undercover parking and lift access, as well as multi-purpose communal areas, featuring an outdoor entertainment deck and a co-working coffee shop. Prices range from R1.339mil for a spacious one-bedroom unit to R1.995mil for the biggest two-bedroom unit.
As a brownfield development, Flyt has re-conceptualised modern living by introducing a Co-Living option to its investment offering at Eaton Square. Of the 66 apartments, 26 have been ring-fenced to be furnished on the purchasers’ behalf through a well-structured rental pool company, which will be responsible for the day-to-day operations and rentals of the units. From a tenant perspective, this concept provides a new and alternative living model to the younger generation looking for safe, convenient and hassle-free living. The fully managed solution gives residents a host of benefits, including free Wi-Fi, weekly cleaning and the option of up to three meals a day included in their rental rate.
For the investor, this offering also means lower financial risk as single unit vacancies are eliminated, leading to higher returns. This, coupled with the strong capital appreciation potential of the area, means that Eaton Square provides a great offering for the savvy investor.
An investment in Eaton Square Co-Living units is 100% tax deductible if you choose to invest via our SARS- and FSB-approved Section 12J Investment Fund.
Upon completion, the project will be one of the most iconic developments in the vibrant Southern Suburbs neighbourhood of Diep River.